About Benecon
Benecon is a Financial Services company based in Lititz (United States) founded in 1991. It operates as a self-funded employee benefits solutions for employers. It operates in the Financial Services, Technology, and Healthcare sectors. The company has 206 employees. Its chief executive is Samuel N Lombardo. Its focus areas include FinTech, Employer Insurance, Self-funded Insurance Administration and InsurTech. Its legal entity is THE BENECON GROUP, INC. Its competitors include Hinge Health, Practo, Accolade, Sharecare and Betterfly and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Benecon was founded in 1991 and is headquartered in Lititz, United States. Self-funded employee benefits solutions are provided to employers in the health and insurance sector. Benefit plan expenditures are controlled, and customized programs are designed for employers and employees. Services include performance evaluations, renewal analysis, compliance reviews, financial management, and rate reviews to support operational efficiency.
- Headquarters Lititz, United States
- Employees 206
- SectorsFinancial ServicesTechnology Healthcare
- Email••••••••
- Phone•••• ••••
- Website benecon.com
- Social LinkedIn Facebook
- Legal Name The Benecon Group, Inc.
- InvestorsNeuberger Berman
& 1 more
- Employee Count206
Funding Insights of Benecon
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Benecon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | – | Unspecified | – | Neuberger Berman | |
| Dec 2020 | – | Private Equity Round | – | TA | – |
2 investors in total: 2 institutional.
Investors in Benecon
Benecon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Neuberger Berman and TA Associates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Secondary market fund focused on LP and direct secondary transactions | 1993 | nb.com | New York, United States | |
Multiple sectors are invested in by private equity firm TA. | – | ta.com | Boston, United States |
Investor details for Benecon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
People of Benecon
35 people are tracked at Benecon (20 in leadership, 15 in team); the tracked headcount is 206.
| Name | Role | Group |
|---|---|---|
Samuel N Lombardo | Chairman & CEO | Leadership |
Craig Abrahamson | Regional Sales Director | Leadership |
Brintan Madonna | Executive Vice President Of Sales & Producer Services | Leadership |
Steve Barr | Regional Sales Director, Midwest | Leadership |
Matthew Carta | Sales Director | Leadership |
Matthew Kirk | President & Chief Executive Officer | Leadership |
Scott M. Walls | Director Of Corporate Accounting | Leadership |
Claudia Burchstead | Regional VP – Sales | Leadership |
Dave Wuenschel | Senior Sales Director | Leadership |
McKenzie Smith | Director - Stop Loss | Leadership |
Robin Richardson | Senior Sales Director | Leadership |
David Digiacomo | Chief Financial Officer | Leadership |
Billy Rodriguez | Sales Director | Leadership |
Mario Civera | Regional VP – Sales | Leadership |
Jill Brewster | Senior Vp, Finance | Leadership |
Jennifer Henry | Sales Director | Leadership |
Jamie Burgess | Sales Director | Leadership |
Jarred Texter | Regional VP – Sales | Leadership |
Michael Burke | Sales Director | Leadership |
John Tucciarone | Sales Director | Leadership |
15 more people are available in the full profile.
Complete people profiles for Benecon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Benecon
3 dated milestones of Benecon across 33 years, from founding to its latest funding, stage changes and deals.
- Founded Benecon is founded.
- Funding First funding round.
- Funding Latest funding round, Unspecified,.
Competitors of Benecon
Benecon has 10 listed competitors in our database, 9 of them funded. They include Hinge Health, Practo, Accolade, Sharecare and Betterfly, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| practo.com | 2008 | Bengaluru, India | $227.88M | – | Doctor appointments are booked and healthcare professionals are consulted online. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | – | Employee health benefits are facilitated via a cloud-based platform. | |
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. | |
| betterfly.com | 2018 | Santiago, Chile | $202.5M | – | Employee health and well-being solutions are delivered through a platform. | |
| wellhub.com | 2012 | New York, United States | $85M | 213 | Cloud-based wellness programs are offered for employee health and productivity. | |
| league.com | 2014 | Toronto, Canada | $241.95M | 103 | SaaS platform for managing employee health benefits is offered. | |
| cerner.com | 1979 | North Kansas, United States | – | 5,159 | Online platform for employee health benefits | |
| collectivehealth.com | 2013 | San Francisco, United States | $714M | 483 | Cloud-based self-insurance platform is offered to employers for employee sponsorship. | |
| optum.com | 2011 | Eden Prairie, United States | $250,000 | 140 | Optum is recognized as a leading health solution and care delivery organization. |
Detailed competitors of Benecon
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Benecon
The website of Benecon (benecon.com) receives about 5.2K visits a month.
- Monthly visits5.2K
▲ 11.2% vs previous month
Websites whose visitors overlap most with Benecon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
schwartzinsgrp.com | schwartzinsgrp.com | 100% | – | #5,701,901 | – |
Top companies in Insurance & Risk Management
10 companies that operate in the same segment as Benecon (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Related news about Benecon
Complete news archive for Benecon
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Frequently Asked Questions about Benecon
Benecon was founded in 1991 and raised its 1st funding round 29 years after it was founded.
Benecon is headquartered in Lititz, United States. It is registered at Lititz, Pennsylvania, United States.
Samuel N Lombardo is the current CEO of Benecon.
Benecon has 206 employees.
Benecon was founded in 1991 and is headquartered in Lititz, United States. Self-funded employee benefits solutions are provided to employers in the health and insurance sector. Benefit plan expenditures are controlled, and customized programs are designed for employers and employees. Services include performance evaluations, renewal analysis, compliance reviews, financial management, and rate reviews to support operational efficiency.
Benecon's top competitors include Accolade, Hinge Health and Wellhub.
Benecon has 2 investors. Key investors include Neuberger Berman, and TA Associates.
Benecon operates through The Benecon Group, Inc..